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Mortgage Research Center in South Carolina

HMDA record for properties in South Carolina, calendar year 2024. National record · South Carolina overview

LEI 549300DD5QQUHO6PCH70
Reporting agency Department of Housing and Urban Development
State South Carolina

HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions. Cells under 25 applications are withheld.

Mortgage Research Center's 2024 HMDA record for South Carolina covers 4,411 applications, 2,111 of them originated, worth $638m.

Its denial rate in the state was 25.6%, close to the South Carolina rate of 25.2% across all lenders and compared with the lender's national rate of 24.0%.

The median rate spread on its South Carolina originations was -0.1 percentage points (state median 0.3).

Applications in the state were up 20% on 2023.

4,411applications in SC, 20243.0% of the lender's total
2,111loans originated$638m
25.6%denial rateSC all lenders 25.2%
-0.1 ppmedian rate spreadSC 0.3 pp

Compared with the state and the lender's national record

MeasureIn South CarolinaSouth Carolina, all lendersMortgage Research Center, all statesUnited States
Denial rate25.6%25.2%24.0%24.3%
Median rate spread, pp-0.10.3-0.10.3
Originations with spread of 1.5 pp or more0.8%15.5%0.8%15.6%
Average originated loan$302k$296k$315k$329k
Home purchase share79.6%62.8%81.8%57.0%
FHA-insured share2.0%16.5%2.9%13.4%
VA-guaranteed share93.9%12.9%92.4%7.9%

Trend by year

ApplicationsOriginations

02354.54,7092022: 4,709 Applications2023: 3,663 Applications2024: 4,411 Applications2022: 2,233 Originations2023: 1,680 Originations2024: 2,111 Originations202220232024
Mortgage Research Center in South Carolina: applications and originations, 2022–2024

This lender in stateSouth Carolina, all lenders

0%13.4%26.9%2022: 24.8% This lender in state2023: 26.7% This lender in state2024: 25.6% This lender in state202220232024
Denial rate by year, state rate dashed

Loan purpose and loan type in South Carolina

By purpose

Home purchase 80% (1,681)Refinancing 17% (352)Cash-out refinancing 4% (78)

By type

Conventional 4% (84)FHA 2% (43)VA 94% (1,982)USDA 0% (2)

Denial reasons as coded

Credit history55.8%
Other15.4%
Credit application incomplete13.4%
Debt-to-income ratio9.1%
Collateral3.5%
Employment history2%
Insufficient cash (downpayment, closing costs)0.7%
Unverifiable information0%
Mortgage insurance denied0%

Share of 733 denials in South Carolina by first denial reason coded (outlined bar: all lenders in the state).

Counties in South Carolina

CountyApplicationsOriginationsAmountDenial rate
Richland County579266$76m27.1%
Horry County368161$48m27.9%
Spartanburg County280144$41m21.7%
Berkeley County318131$47m29.9%
Lexington County270126$35m33.3%
Greenville County271123$39m26.2%
Sumter County207117$28m17.5%
Aiken County175103$32m19.5%
Dorchester County22793$32m23.6%
Anderson County15189$25m21.2%
York County18183$33m26.5%
Beaufort County18073$27m26.0%
Florence County10958$16m23.8%
Charleston County14257$23m27.8%
Kershaw County10752$15m18.5%
Lancaster County7343$15m17.3%
Pickens County7434$11m15.0%
Orangeburg County5727$7.1m25.0%
Oconee County5026$7.2m18.8%
Laurens County4524$6.0m28.6%
Cherokee County4023$6.0m20.7%
Greenwood County3620$5.2m39.4%
Clarendon County3220$5.0m—
Darlington County4918$5.3m37.9%
Edgefield County2617$6.5m—
Colleton County3316$4.8m—
Georgetown County3915$4.3m46.4%
Jasper County3615$5.5m—
Chesterfield County2715$3.4m—
Chester County2514$4.4m—

Counties with at least 25 applications, by originations.

Questions and answers

How many mortgages did Mortgage Research Center originate in South Carolina in 2024?

2,111 loans totalling $638m, from 4,411 applications reported for properties in South Carolina.

What is Mortgage Research Center's denial rate in South Carolina?

25.6% of decided applications in South Carolina were denied, against 25.2% for all lenders in the state and 24.0% for this lender nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.

Which South Carolina counties does Mortgage Research Center lend in most?

By originations: Richland County (266), Horry County (161), Spartanburg County (144), Berkeley County (131), Lexington County (126).

Where does this data come from?

From the 2024 public HMDA loan/application register (FFIEC and CFPB), filtered to the lender's LEI and the property state. Cells under 25 applications are withheld.

Provenance

Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records for this LEI with a property in South Carolina. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.